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Debarment and Treating Customers Fairly

The necessity for a process to ensure that those who fall foul of the fit and proper requirements are not allowed to practice was never in question. In particular, the bad apples need to be discarded. Unfortunately, the application and execution of the debarment process should possibly be regarded as ...
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New findings contradict NHI White Paper

Recent research conducted by Econex, a leading firm in competition economics, paints a different picture to that portrayed in the NHI White Paper on healthcare in South Africa. In a research note published this month, it challenges the claim that the current financing system punishes the poor. A summary ...
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Why I love FAIS

By Tamara Jacobsen: Director- Applied Learning Academy The provisions of the Financial Advisory and Intermediary Services Act, 2002 (FAIS) have been in place for more than a decade now. Financial advisors, planners, consultants and agents who deal with insurance, medical schemes and/or investment ...
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The reality of medical aid late-joiner penalties

The law clearly states that late-joiners to medical schemes may be penalised, depending on proof of previous South African medical aid membership. The law does not favour late-joiners to medical schemes. Anyone who is 35 years or older will be eligible to pay a late-joiner penalty fee, according to ...
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CPD Revisited

A reader recently wrote: I provide training on behalf of a registered medical scheme to accredited brokers on medical scheme benefit options, underwriting and processes. I recently attended a broker training session at the Council for Medical Schemes (CMS) and was awarded 4 CPD (Continuous Professional ...
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